Saturday, November 28th, 2009
Infrastructure connecting the Sunda Strait in the 100-day work program of Public Works Minister although still in the form of a feasibility study which will be poured in the form of Presidential Regulation.
Posted in Economic News | No Comments »
Monday, November 23rd, 2009
The Jakarta administration is upbeat over its target to earn Rp1.6 trillion from tourism through its "Jakarta Tourism Expo 2009" in a number of regions, including Surabaya, a tourism official said.
"The target is higher than that of last year which was Rp1.5 trillion," head of the Jakarta Tourism and Culture ...
Posted in Economic News | No Comments »
Friday, November 20th, 2009
The proposal for raise on salary, benefits, and other earnings by Bank Indonesia (BI) wasn't entirely approved by the People's Consultative Council (DPR). The DPR's Commission XI, for the field of finance and banking, would only allow raise for managerial level and below.
The approved raise will be calculated based on ...
Posted in Bank Indonesia | No Comments »
Friday, September 18th, 2009
Darmin Nasution, a Senior Deputy Governor of the central bank, Bank Indonesia, has said that the inflation rate will remain safe during Idul Fitri.
“The price of only one or two commodities will worsen,” he said at a meeting about budgeting at the House of Representatives (DPR), last night (17/9).
Darmin explained ...
Posted in Economic News | No Comments »
Saturday, September 5th, 2009
Demand for cash to rise ahead of holiday
Bank Indonesia predicts demand for cash will increase 160 percent reaching Rp54.2 trillion ahead of the post-Islamic fasting month holiday of Lebaran.
The central bank`s deputy governor, Budi Rochadi, said at a press conference here on Friday the cash demand would consist of Rp49/5 ...
Posted in Uncategorized | No Comments »
Friday, September 4th, 2009
The BI Board of Governors in a meeting here on Thursday decided to maintain the BI Rate at the level of 6.50 percent,
The BI Board of Governors considered the monetary policy relaxation since December 2008 by cutting the BI rate by 300 basis points to 6.50 percent, was quite conducive ...
Posted in Bank Indonesia | No Comments »
Tuesday, May 5th, 2009
BI Freeze BPR Syariah in Garut
Jakarta - Bank Indonesia Bandung liquidate Perkreditan Bank Rakyat Syariah (BPRS) in Garut Babussalam since 1 May 2009. This had to be freezing BPRS Babussalam because it violates principles of circumspection in the performance.
"Management Babussalam BPRS is not able to manage the bank well. Weakness ...
Posted in Banking News | No Comments »
Tuesday, January 27th, 2009
Jakarta - Bank Sinarmas get capital injection worth Rp 100 billion from the main business of PT Sinar Mas Multiartha Tbk (SMMA). Currently, the amount of capital paid Sinarmas Bank of Rp 275 billion and capital base Rp 500 billion.
"The number of deposit additional capital does not exceed 10% of ...
Posted in Sinarmas Bank | No Comments »